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Finance
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Staff threaten lawsuit against FNZ over alleged oppression

Employee shareholders seek compensation for preferential shares issues they say have cost them billions.

Tim Hunter Mon, 14 Apr 2025

Employee shareholders of fund administration multinational FNZ Group are threatening legal action against the company and its directors over alleged oppressive conduct they say has cost them US$4.5 billion ($7.8b).

In a statement issued through a third party, the shareholders said three successive

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Tim Hunter Mon, 14 Apr 2025
Contact the Writer: thunter@nbr.co.nz
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Staff threaten lawsuit against FNZ over alleged oppression
Finance,
108669
true